budgeted cost of work performed (BCWP)
Definition
In construction industry, total of the budgeted costs of the activities (that make up a job or project) completed to-date, or on any given date. Also called achieved cost or earned value. See also actual cost of work performed.
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budgeted cost of work performed (BCWP) is in the Accounting & Auditing and Agreements & Contracts subjects.
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